Art School At Old Church Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 886,181 | 893,150 | −6,969 | 5.9 | 63% |
| 2013 | 880,103 | 903,842 | −23,739 | 5.5 | 64% |
| 2014 | 869,125 | 868,360 | 765 | 5.7 | 61% |
| 2015 | 917,004 | 886,381 | 30,623 | 6.0 | 64% |
| 2016 | 911,721 | 889,348 | 22,373 | 6.3 | 60% |
| 2017 | 959,550 | 892,799 | 66,751 | 7.2 | 60% |
| 2018 | 924,241 | 888,089 | 36,152 | 7.7 | 61% |
| 2019 | 918,242 | 896,275 | 21,967 | 7.9 | 60% |
| 2020 | 838,600 | 850,688 | −12,088 | 8.2 | 63% |
| 2021 | 736,564 | 710,124 | 26,440 | 10.2 | 65% |
| 2022 | 786,885 | 778,313 | 8,572 | 9.5 | 62% |
| 2023 | 1,061,109 | 828,060 | 233,049 | 12.3 | 62% |
| 2024 | 965,174 | 913,524 | 51,650 | 11.8 | 59% |
In its most recent public year (2024), this organization brought in $51,650 more than it spent. Its reserves stood at about 11.8 months of spending, up from 5.9 in 2012. Staff pay was 59% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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